Meren Energy Inc. (TSX:MER)
Canada · Delayed Price · Currency is CAD 2.265
-0.025 (-1.09%)
Sep 2, 2026, 10:17 AM EST
Meren Energy Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 77.7 | 174.7 | 61.4 | 232 | 199.7 | 58.9 |
Short-Term Investments | - | - | 7 | - | - | - |
Cash & Short-Term Investments | 77.7 | 174.7 | 68.4 | 232 | 199.7 | 58.9 |
Cash Growth | -70.86% | 155.41% | -70.52% | 16.17% | 239.05% | 45.53% |
Accounts Receivable | 70.2 | 17.8 | - | - | - | - |
Other Receivables | 45.4 | 57.4 | 1.6 | 5.1 | 1.4 | 0.6 |
Receivables | 115.6 | 75.2 | 5.9 | 5.1 | 1.4 | 0.6 |
Inventory | 101 | 94.2 | - | - | - | - |
Prepaid Expenses | 1.9 | 2.5 | 2.4 | - | - | - |
Other Current Assets | - | 2.2 | - | - | - | - |
Total Current Assets | 296.2 | 348.8 | 76.7 | 237.1 | 201.1 | 59.5 |
Property, Plant & Equipment | 1,343 | 1,417 | 3.2 | - | - | - |
Long-Term Investments | 129 | 142.2 | 506 | 707.2 | 651 | 737.8 |
Other Intangible Assets | 46.2 | 43.7 | 29.3 | 19.1 | 63.6 | 194.3 |
Other Long-Term Assets | 20.2 | - | - | - | - | - |
Total Assets | 1,835 | 1,952 | 615.2 | 966.2 | 917.7 | 991.6 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 92.5 | 124 | - | 14.2 | - | - |
Accrued Expenses | 123.2 | 123.8 | 11.9 | 8.2 | 7.3 | 4 |
Current Portion of Leases | 1 | 0.9 | 0.7 | - | - | - |
Current Income Taxes Payable | 24.9 | 48.5 | - | - | - | - |
Other Current Liabilities | 18.8 | 70.5 | 2 | - | 37.2 | 3.7 |
Total Current Liabilities | 260.4 | 367.7 | 14.6 | 22.4 | 44.5 | 7.7 |
Long-Term Debt | 290 | - | - | - | - | - |
Long-Term Leases | 2.3 | 2.9 | 2.6 | - | - | - |
Long-Term Deferred Tax Liabilities | 297.5 | 281.8 | - | - | - | - |
Other Long-Term Liabilities | 278.8 | 533.6 | 49.2 | 49.2 | 42.6 | 35.9 |
Total Liabilities | 1,129 | 1,186 | 66.4 | 71.6 | 87.1 | 43.6 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 1,537 | 1,536 | 1,196 | 1,265 | 1,268 | 1,309 |
Additional Paid-In Capital | 95.5 | 95.5 | 87.4 | 61.6 | 59.2 | 51.1 |
Retained Earnings | -926.4 | -865.8 | -734 | -432.3 | -496.3 | -412.2 |
Treasury Stock | - | - | -0.4 | - | - | - |
Shareholders' Equity | 705.7 | 765.9 | 548.8 | 894.6 | 830.6 | 948 |
Total Liabilities & Equity | 1,835 | 1,952 | 615.2 | 966.2 | 917.7 | 991.6 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 293.3 | 3.8 | 3.3 | - | - | - |
Net Cash (Debt) | -215.6 | 170.9 | 65.1 | 232 | 199.7 | 58.9 |
Net Cash Growth | - | 162.52% | -71.94% | 16.17% | 239.05% | - |
Net Cash Per Share | -0.32 | 0.27 | 0.14 | 0.49 | 0.42 | 0.12 |
Filing Date Shares Outstanding | 676.12 | 675.91 | 436.6 | 460.59 | 460.05 | 474.83 |
Total Common Shares Outstanding | 676.12 | 675.91 | 439.08 | 463.83 | 462.79 | 474.66 |
Working Capital | 35.8 | -18.9 | 62.1 | 214.7 | 156.6 | 51.8 |
Book Value Per Share | 1.04 | 1.13 | 1.25 | 1.93 | 1.79 | 2.00 |
Tangible Book Value | 659.5 | 722.2 | 519.5 | 875.5 | 767 | 753.7 |
Tangible Book Value Per Share | 0.98 | 1.07 | 1.18 | 1.89 | 1.66 | 1.59 |